Dow Jones hits fresh record after 500-point jump, best single-day performance since June 2024 — Why Dow is roaring today?
The Dow Jones Industrial Average jumped over 500 points, closing above 47,249, surpassing its previous record. Meanwhile, the S&P 500 rose past 6,800, and the Nasdaq climbed more than 290 points, driven largely by gains in technology and semiconductor stocks. This broad rally signaled growing investor confidence across multiple sectors.Market experts say the rally was powered by the Consumer Price Index (CPI) report for September, which showed a 3.0% year-over-year rise, slightly below the expected 3.1%. T ...